Enwell Energy PLCFRA Enwell Energy Stock Report

Enwell Energy Plc is an oil and gas company, which focuses on gas and condensate field development in Ukraine. The Company’s business activity is oil and gas exploration, development and production. Its primary operations are located in Ukraine. The firm operates four gas and condensate fields in the Dnipro-Donets basin in north-east Ukraine: Mekhedivsko-Golotvshchinske (MEX-GOL) and Svyrydivske (SV), Vasyshchivske (VAS) and Svystunkivsko-Chervonolutske (SC). The company holds a 100% working interest in and are the operator of the MEX-GOL and SV fields. The company holds two licenses in Ukraine’s Poltava region, which adjacent and extend over a combined area of approximately 269 square kilometers (km2), approximately 200 kilometers (km) east of Kyiv and 170 km north-west of Poltava. The company holds license in VAS field, which extends over an area of approximately 33.2 km2 and is located 17 km south-east of Kharkiv, in the Kharkiv region of Ukraine.